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African Energy Week (AEW): Invest in African Energy Announces Nominees for 2024 Award Ceremony

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African Energy Week

Taking place during this year’s conference, the AEW: Invest in African Energy awards celebrate the innovators, trailblazers and changemakers shaping the future of Africa’s energy sector

CAPE TOWN, South Africa, September 4, 2024/APO Group/ — 

Africa is expected to more than double its share in the global natural gas market by 2050 while increasing its renewable energy capacity four-fold by 2030. Concurrently, the continent’s greenfield spending will boom in the coming decade, reaching $37 billion by 2025 and $50 billion by 2030. This growth underscores both the potential of the continent’s energy market and the commitment of companies to maximize its resources.  

On the back of this growth, the continent’s largest energy event – African Energy Week (AEW): Invest in African Energy – announces the nominees for this year’s award ceremony. Taking place during the event week from November 4-8, the award ceremony recognizes the companies who are spearheading the development, innovation and growth of Africa’s energy industry.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

ESG Leader of the Year

With ESG principles at the forefront of Africa’s natural resource development, this award recognizes champions who protect and promote local populations while ensuring fair and safe operations. It honors outstanding achievements and leadership in embedding sustainability principles and responsible business practices within the sector, showcasing a commitment to environmental stewardship, social responsibility and robust corporate governance. The nominees are:

  • TotalEnergies
  • bp
  • Sonangol
  • SLB

Service Provider of the Year

The Service Provider of the Year award celebrates an exceptional service provider that has demonstrated outstanding commitment and innovation in supporting Africa’s energy industry. The award honors service providers who have demonstrated a deep understanding of the industry’s challenges and opportunities, offering tailored solutions that drive efficiency, productivity and sustainability in the energy sector. The nominees are:

  • Africa Global Logistics
  • NOV
  • Bell Oil and Gas
  • Technip Energies

Deal of the Year

The Deal of the Year award recognizes the most transformative and impactful deal in the energy sector ­– honoring excellence in negotiation, strategic alignment, innovation and collaboration ­– and celebrates deals that drive advancements in energy and economic growth. The nominees are:

  • Renaissance Africa: SPDC acquisition in Nigeria
  • Gabon Oil Company: Assala Energy acquisition in Gabon
  • Oando PLC: AGIP acquisition in Nigeria
  • Etu Energias acquisition of Galp Energias’ offshore blocks in Angola

Local Content Champion of the Year

This award celebrates an organization that has demonstrated exceptional dedication and success in promoting and implementing local content initiatives in Africa’s energy sector. The award recognizes champions who have gone above and beyond to ensure that the benefits of the energy industry are shared equitably, fostering inclusive growth and prosperity across the continent. The nominees are:

  • Africa Global Logistics
  • McDermott
  • Perenco
  • EG LNG
  • Technip Energies

Reformer and Change-Maker of the Year

This esteemed award honors a government or public sector entity that has demonstrated exceptional leadership and commitment to reforming the energy sector in Africa. It recognizes the efforts of governments and public sector institutions that have driven change, fostering an enabling environment for energy growth, economic development and social progress. The nominees are:

  • South African National Energy Development Institute
  • Ministry of Hydrocarbons, Republic of the Congo
  • Ministry of Mineral Resources, Oil & Gas, Angola
  • Ministry of Mines and Energy, Namibia
  • Ministry of Petroleum and Mineral Resources, Egypt

E&P Leader of the Year

Recognizing outstanding leadership and innovation in upstream exploration and production, this award honors individuals driving new production and discoveries in Africa’s energy sector. Nominees demonstrate exceptional vision and operational excellence in unlocking the continent’s hydrocarbon potential. The nominees are:

  • Galp
  • Woodside Energy
  • Eni
  • ExxonMobil

Gas Monetization Award

This award recognizes companies and projects revolutionizing gas monetization in Africa to bridge the energy poverty gap. It honors innovative strategies and successful commercialization efforts that demonstrate outstanding leadership in maximizing the value of gas resources. The nominees are:

  • Congo LNG
  • Perenco
  • EG LNG
  • NLNG
  • Sonatrach

Geoscience and Data Management Project of the Year

This award recognizes outstanding projects that have demonstrated excellence in geoscience and data management, contributing significantly to the advancement of Africa’s energy sector. The award honors projects that have set new standards in subsurface understanding, data-driven decision making and digital transformation, paving the way for a more sustainable and prosperous energy future in Africa. The nominees are:

  • TGS/PGS
  • Shearwater
  • Viridien – formerly CGG

The AEW: Invest in African Energy Award winners will be announced during this year’s award ceremony. The event aims to celebrate the ongoing contributions by energy companies, investors and individuals to driving projects forward and unlocking long-term benefits for African countries.

Distributed by APO Group on behalf of African Energy Chamber.

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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